(IN BRIEF) The GE Vernova—ANDRITZ HYDRO Corp. consortium has been awarded an EPC contract for the installation of two synchronous condensers at the LCRA TSC project in West Texas. The project, recommended by ERCOT, aims to improve grid stability in … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Technology
Tagged AI demand, Andritz Hydro, Bakersfield substation, Daniel Carrier, energy demand, energy transformation, EPC contract, ERCOT, GE Vernova, grid stability, Industrial Growth, Kristian Koellner, LCRA Transmission Services Corporation, Olivier Ruiz, power outages, project, reactive power, renewable energy, renewable generation, Synchronous Condensers, Texas grid, voltage management, West Texas
(IN BRIEF) AFRY has been appointed as the advisory partner for the Gotland Connection project, working alongside Nexans to support the delivery of high-voltage subsea and onshore cables. The project, commissioned by Svenska Kraftnät, aims to address Gotland’s growing electricity … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, consulting support, energy demand, Gotland Connection, high-voltage cables, Industrial Growth, NEXANS, onshore cables, partnership, regulatory compliance, renewable energy, subsea cables, sustainability, Svenska kraftnät, Sweden, transmission system
(IN BRIEF) New EY research reveals that businesses are increasingly focused on electrification, emissions reduction, and managing energy costs, with over 70% of companies planning to increase focus on these areas over the next three years. As energy demand soars, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged AI Integration, artificial intelligence, Business Growth, carbon management, competitiveness, electrification, Emissions Reduction, energy advocates, energy costs, energy demand, energy ecosystem, energy infrastructure, energy providers, energy solutions, energy strategies, energy transition, EQT Real Estate, EY, partnership, profitability, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Santander have signed a €500 million counter-guarantee agreement, allowing Santander to create a portfolio of guarantees worth up to €1 billion. This agreement is expected to unlock €8 billion in investments to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged bank guarantees, de-risking instruments, EIB, energy demand, energy security, energy transition, EU programme, EU renewable-energy target, Europe, European Investment Bank, financial institutions, grid interconnection, industrial competitiveness, InvestEU, partnership, renewable energy, Santander, strategic autonomy, sustainability, turbines, wind energy manufacturers, wind energy sector, wind power package, wind value chain
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